Latest News

 

 

Askari Student Health Advantage

"Askari Health is pleased to launch its new product ASHA, askari Student Health Advantage.
This is the first of its kind in Pakistan where students from preschool to University level can avail health insurance as a group.
The unique advantage is that the coverage is available 24/7 throughout the year including vacations.
Insured students will have access to askari panel network and all value added services plus attractive discounts on upcoming products.
For details contact through website or call at

UAN: 111-444-687

 

 

AGICO retained Rating as "A"

“The Pakistan Credit Rating Agency Limited (PACRA) and JCR-VIS Credit Rating Company Limited have maintained the IFS Rating of askari general insurance company limited at “A” with Stable Outlook, for year 2012.”

 

        

First Aid, Health Support and Advisory service

ANNOUNCEMENT:

COMMENCEMENT OF “ASKARI ONLINE- FIRST AID AND HEALTH SUPPORT SERVICES”.

President Agico is pleased to announce the commencement of:

FIRST AID, HEALTH SUPPORT and advisory service online through its help line number:            

 

UAN: 111-444-687

This complementary service is available to all agico health card family members initially from 9. am to 5 p.m on weekdays and 9 a.m to 1 p.m Saturdays.  Soon this facility will be extended to 24/7.

Experienced and qualified doctors will be available to provide first aid advice for minor ailments and support to telephone queries regarding health issues. Guidance regarding nearest suitable panel medical facility or otherwise as the case maybe is also available.

Hoping that this facility proves very helpful to you, we look forward to provide you with the very best and innovative services in every field of our relationship.

 

 

 

CMH/Military Hospital on Panel by AGICO

AGICO is the first insurance company to enter into contract with CMH/ Military hospitals of Pakistan for enlistment as panel hospitals for its valuable clients.

For details please contact Askari Health.

 

call us

 

051-5700170-1, 051-5700173-4

fax us

 

051-5700172

email

ask_health_cl@agico.com.pk

 

 

 

 

The Pakistan Credit Rating Agency rated agico 'A'

By Grace of Almighty AGICO has been rate A ( single A ) by the " The Pakistan Credit Rating Agency Limited ".

pacra rated agico A


 

 

 

AGICO TRACKER SYSTEM

By Grace of Almighty AGICO has been granted License for Tracking Services by Pakistan Telecommunication Authority. AGICO is now first insurance company in Pakistan to own tracking license and is now ready to operate as tracking operator. This addition will add value in our services and our capabilities in technology. No doubt that this has been a team effort and constant help from President is evident that we have setup tracking system within a record time of just 40 days.

agico tracker

 

JCR-VIS Credit Rating Company Ltd rated agico 'A'

JCR-VIS Credit Rating Company limited.(JCR-VIS) has upgraded the Insurer Financial Strength (IFS) Rating of Askari general insurance company limited (AGICO) to "A" (Single A) from "A-" (Single A Minus) with a 'Stable' Outlook.

 

According to JCR-VIS Press Release

rated A

 

 

 

 

 

 

JCR-VIS upgrades IFS rating of Askari General Insurance Company to A
 

Karachi, December 15, 2010: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has upgraded the Insurer Financial Strength (IFS) rating of Askari General Insurance Company Limited (AGICO) to ‘A’ (Single A) from ‘A-’ (Single A Minus) with a ‘Stable’ Outlook.

The rating incorporates the continued growth in business volumes amid increasingly competitive operating environment. While there was some pressure on underwriting results due to the company’s reliance on relatively risky health and motor business, the bottom line was supported by investment income in the ongoing year. Going forward, a sizable investment portfolio with a shift in stance towards fixed income avenues may prove to be a sustainable source of earnings.

AGICO’s upcoming rights issue to meet the regulatory capital requirement will not only help in improving the solvency position but would also rationalize leverage indicators in future. The management’s focus towards strengthening the control mechanism along with additional reinsurance cover in health is likely to improve the profitability from core operations. Furthermore, the acquisition of enhanced treaty limits in fire and marine segments may materialize into a more balanced business mix, going forward.

For further information on this rating announcement, please contact Syed Ziauddin Ahmed (Ext: 508) or the undersigned (Ext: 510) at 35311861-71 or fax to 35311872-3.



Sabeen Saleem, CFA
Chief Rating Officer

The link of JCR-VIS Website Press Release